For the quarter ended February 2026, Conagra Brands (CAG) reported revenue of $2.79 billion, down 1.9% over the same period last year. EPS came in at $0.39, compared to $0.51 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $2.77 billion, representing a surprise of +0.76%. The company delivered an EPS surprise of -2.28%, with the consensus EPS estimate being $0.40.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Conagra Brands performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Net Sales growth - Grocery & Snacks: -6.3% compared to the -7.6% average estimate based on four analysts. Net Sales growth - Refrigerated & Frozen: 1.6% versus 2.1% estimated by four analysts on average. Price/Mix - Foodservice: 3.7% versus the four-analyst average estimate of 2.3%. Volume (Organic) - Foodservice: -0.1% compared to the -1.4% average estimate based on four analysts. Price/Mix - International: 0.8% versus the four-analyst average estimate of 1.6%. Volume (Organic) - International: -2% versus the four-analyst average estimate of -2.5%. Net Sales growth - International: 1.3% versus -0.1% estimated by four analysts on average. Net Sales growth - Foodservice: 1.8% versus the four-analyst average estimate of 0.2%. Sales- Grocery & Snacks: $1.17 billion compared to the $1.15 billion average estimate based on four analysts. The reported number represents a change of -6.3% year over year. Sales- Foodservice: $260.7 million versus $258.4 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +1.8% change. Sales- International: $226.8 million compared to the $223.59 million average estimate based on four analysts. The reported number represents a change of +1.3% year over year. Sales- Refrigerated & Frozen: $1.13 billion compared to the $1.14 billion average estimate based on four analysts. The reported number represents a change of +1.6% year over year.View all Key Company Metrics for Conagra Brands here>>>
Shares of Conagra Brands have returned -17.1% over the past month versus the Zacks S&P 500 composite's -5% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.5 Stocks Set to Double
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This article originally published on Zacks Investment Research (zacks.com).